2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Dollar
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Rupee
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Pond
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Euro
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Detailed explanation-1: -The Indian currency is called the Indian Rupee (INR). One Rupee consists of 100 Paise. The symbol of the Indian Rupee is ₹. The design resembles both the Devanagari letter “₹” (ra) and the Latin capital letter “R", with a double horizontal line at the top.
Detailed explanation-2: -Who designed the currency symbol for India? Ans. Udaya Kumar, a post-graduate in Design from the Indian Institute of Technology Bombay, designed and conceptualised the Indian Rupee symbol ₹. It was adopted by the government of the country on July 15, 2010.
Detailed explanation-3: -In 1957, India adopted a decimal currency system whereby a rupee consisted of 100 paises. The management of issuing currency is the responsibility of the Reserve Bank of India, which is the central bank, while the responsibilities for matters related to coinage correspond to the country’s government.
Detailed explanation-4: -Udaya Kumar Dharmalingam is an Indian academic and designer noted for his design of the Indian rupee sign. His design was selected from among five short listed symbols.